secwatch.observer — SEC 8-K summary
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Issuer:     Dave & Buster's Entertainment, Inc. (PLAY)
CIK:        0001525769
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001525769-25-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Dave & Buster's grants one-time equity awards to three named officers
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- Darin Harper receives 22,026 RSUs and 22,026 time-based stock options at $22.70 exercise price.
- Tony Wehner and Antonio Bautista each get 11,013 RSUs and 11,013 time-based stock options at $22.70.
- Single Goal PSUs (11,013 each) vest upon achieving 3%+ same-store sales growth for four consecutive quarters by Feb 1, 2028.
- Multiple Goal PSUs tied to 2027 Adjusted EBITDA ($600M-$675M) and 3%-5% same-store sales growth, with TSR modifier.
- Stock price-based options for Harper: 60,327 at 2x CEO strike price and 47,934 at 3x, vesting based on VWAP milestones.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525769/000152576925000014/0001525769-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525769/000152576925000014/play-20251027.htm
  HTML page:      https://secwatch.observer/filing/0001525769-25-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer